PYMNTS

AUGUST 30, 2017

According to the data released last week, a whopping 86 percent of system administrators (sysadmins) use only basic username and password authentication measures to protect corporate accounts. It’s important to note that the sample set was small — just 84 survey respondents across organizations with at least 1,000 employees in the U.K.

Manufacturing 41

Manufacturing corporate accounting Retail Technology 41

PYMNTS

AUGUST 22, 2018

The bank had filed documentation at mid-month with the Shanghai Clearing House, in turn stating that the securities would be backed with portfolios of corporate account receivables. The actual retailer and manufacturers are also able to prevent tainted products from reaching the consumer.

Agriculture 41

Agriculture Technology Manufacturing corporate accounting 41

PYMNTS

JUNE 6, 2019

Changes in lease accounting standards have led top retailers and restaurant chains in the U.S. The lease accounting standard overhauls, led by the Securities and Exchange Commission (SEC), change the way companies report their lease commitments. On the retail side, Nordstrom posted a nearly 25 percent increase in liabilities.

Account 43

Account accountant accounted accounting standards 43

PYMNTS

NOVEMBER 13, 2018

Other recent accounting scandals at retailer BHS and Patisserie Valerie have similarly raised concerns that auditors are unable to adequately identify accounting issues at major corporations before it’s too late.

audit 49

audit cma auditor Construction 49

PYMNTS

OCTOBER 11, 2018

“There will be legal fees and bank fees and all kinds of things” as a result of the changes, said one CFO, Steven Michaels at furniture retailer Aaron’s Inc. Until then, CFOs are either renegotiating their loan agreements or developing specialized financial reports for their lenders, reports said.

Account 49

Account accountant accounted financial statements 49

PYMNTS

AUGUST 8, 2019

The companies are looking particularly close at industries like outsourcing and retail, as well as clients that have already been flagged for lackluster financial controls. The publication reported Wednesday (Aug. 7) that the U.K.

auditor 40

auditor audit Sports Retail 40

PYMNTS

FEBRUARY 19, 2018

The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. This week’s B2B Data Digest pulls some of the highlights from that eBook and serves up the numbers behind the forecasts. — $20 trillion: the expected valuation of the B2B payments market.

B2C 40

B2C B2B corporate accounting Start-ups 40

PYMNTS

SEPTEMBER 13, 2017

“Competition is fierce and profit margins are thinner than for any industry except retail,” the publication stated, adding that industry fragmentation and a lack of investment are also troubling trends for the space. “You have estimates, bidding [and] change orders that all influence the actual books.”

Construction 51

Construction Account accountant accounted 51

PYMNTS

SEPTEMBER 28, 2018

The message reportedly put into question Infibeam’s accounting practices for its iPhone and iPad retail activities. Infibeam isn’t just about retail. It has set its eyes on B2B payments in order to allow corporates to pay their utility bills and other invoices.

B2B 55

B2B Retail Government Account 55

PYMNTS

OCTOBER 10, 2018

. “We started with a retail current account and then we launched business accounts, first for limited companies with a single director and now for sole traders as well, and soon for multi-director limited companies,” she said. “Very much focusing on the [SMB] space of one to 10 employees.”

business accounting 51

business accounting Account accountant accounted 51

PYMNTS

NOVEMBER 11, 2019

“However, many of these customers pay offline for these online and offline purchases [through cash and checks], meaning payment friction can add massively to the costs for retailers,” said Floyd, “and those costs subsequently flow all the way up the supply chain, from merchants through to distributors and FMCG groups.”.

corporate accounting 40

corporate accounting Technology Retail Sales 40

PYMNTS

JULY 25, 2019

A press release Wednesday (July 24) said the financial institution is pursuing larger firms on the SMB spectrum with its multi-owner account support, enabling companies with multiple executives in-charge to gain access to and manage a single corporate account. Today, that service is nearing 60,000 users, the bank said.

Account 53

Account accountant accounted Technology 53

PYMNTS

MARCH 18, 2019

According to Reuters , in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting fraud at South African retailer Steinhoff.

Account 49

Account accountant accounted audit 49